How renting became the new homeownership via The Washington Post

The majority of American households still own their homes, a fact that will remain true as far into the future as demographers and economists can see. But the balance of homeowners and renters has been shifting in the U.S. in ways that have already altered the demographics of renting, the affordability of rental housing and the kind of new housing we build.

This shift, underway since the housing bust, is flipping conventional images of what it means to rent: Renters are now living, by the millions, in single-family homes that were once owned. Wealthy households far from the stereotype of struggling twenty-somethings are renting, too. So are the parents of those twenty-somethings.

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